How Does It Work?
1. Log In to your account
2. Click Withdraw
3. Choose amount & confirm
4. Withdraw successful
Who Is RAYA For?
Raya is crafted with the well-being of both Employers and Employees in mind.
FOR EMPLOYERS
RAYA fosters a motivated and content workforce. By offering this benefit, companies demonstrate their commitment to their employees’ financial wellness, increasing Employee loyalty, productivity, and retention.
FOR EMPLOYEES
RAYA offers immediate access to their hard-earned wages, providing a financial safety net for unexpected expenses. With immediate access, Employees gain financial flexibility and peace of mind and enhance overall job satisfaction.
Frequently Asked Questions
What is RAYA?
RAYA is the Earned Wage Access (EWA) mobile app designed to help Employees access a portion of their earned salary before their regular payday.
How does RAYA work for Employers?
Employers must first sign up with RAYA. Then, registered Employees can access the earned wage platform.
How does RAYA work for Employees?
Registered Employees after onboarding can access and withdraw their earned salary until the cutoff date.
How much does it cost Employers to offer RAYA?
It is Free of Charge.
Is this a loan for Employees?
No, it is the Employee’s earned salary.
What is the maximum Employees can withdraw?
The maximum you can withdraw is 50% of your earned salary. Employers will have the flexibility to set the amount as per their comfort. RAYA advises not more than 50%.
How many times can Employees withdraw within a month?
Employees can access their earned salary to withdraw as many times as they wish before the salary cutoff date set by the Employer.
How does repayment of the amount withdrawn will be reflected?
Employer will be able to process the repayment as a deduction on Employee’s payslip.